Tag: $Ares Management

Alternative asset manager Ares Management (ARES) has agreed to take Whitestone REIT (WSR) private in a $1.7 billion, all-cash transaction.

Ares Management Corp stock jumped 7% in after-hours trading Monday following the announcement of its inclusion in the S&P 500 index, effective December 11.

PacWest Bancorp said on Monday it was selling a $3.54 billion lender finance loan portfolio to asset management firm Ares Management, in an attempt to boost liquidity at the U.S. regional lender, sending its shares up nearly 5%.